Banca Popolare di Mantova

Banca Popolare di Mantova S.p.A. was an Italian cooperative bank based in Mantua, Lombardy. Including the headquarters, the bank operated at 17 locations.

Banca Popolare di Mantova
Native name
Banca Popolare di Mantova S.p.A.
Type
IndustryFinancial services
Fatebecame SPV to create BPM S.p.A.
PredecessorBanca Operaia di Pescopagano
SuccessorBanca Popolare di Milano S.p.A.
Founded2000 in Mantua
Defunct31 December 2016 (2016-12-31)
Headquarters7 Piazza Martiri di Belfiore,
Mantua
,
Italy
Number of locations
 17 (2015)
ServicesRetail banking
Revenue 17.519 million (2015)
€1.313 million (2015)
Total assets €552.423 million (2015)
Total equity €36.670 million (2015)
Owner
Number of employees
 78 (2015)
ParentBanca Popolare di Milano S.c. a r.l.
Capital ratio 9.45% (CET1)
Footnotes / references
source[1]

History

The company was relocated from Pescopagano, Basilicata (as Banca Operaia di Pescopagano) to Mantua in 2000, which the branches of the original bank was acquired by Banca Bipielle Centrosud, a subsidiary of Banca Popolare di Lodi (BPL Group). In 2001 the bank increased to have 4 branches. The year BPL owned 57.41% shares directly. In 2002 Bipielle Retail became the sub-holding company for 56.35%, as well as one more branches was opened. In 2003 Reti Bancarie absorbed Bipielle Retail to become another sub-holding company. In 2004 BPL further disinvested the company to 52.32%, despite 2 more branches was opened. In 2005 BP Mantova had 8 branches. In 2006 Reti Bancarie was absorbed into BPL, which hold 55.01% shares of BP Mantova. In 2007 due to the merger of Banco Popolare di Verona e Novara and BPL, Banco Popolare S.C. became the new holding company of the bank. However, due to the branch network was overlapped with Banca Popolare di Verona – S.Geminiano e S.Prospero, Banco Popolare sold 56.99% shares of BP Mantova to Banca Popolare di Milano for €32.49 million in 2008.

In 2009 BPM hold 57.05% shares, with Omniaholding S.p.A. as the second largest shareholders of 13.8979%, which was the holding company for Roberto Colaninno family.[2]

Follow the merger of parent company Banca Popolare di Milano S.c. a r.l. with Banco Popolare S.C. to form Banco BPM S.p.A., the branches of Banca Popolare di Milano was injected to Banca Popolare di Mantova in order to keep the branches as a subsidiary (as Banca Popolare di Milano S.p.A.) instead of division.

See also

References
  1. "2015 Relazione e Bilancio" (PDF) (in Italian). Banca Popolare di Mantova. 8 March 2016. Archived from the original on 15 January 2017. Retrieved 15 January 2017.CS1 maint: bot: original URL status unknown (link)
  2. "Omniaholding migliora la redditività". Il Sole 24 Ore (in Italian). 23 August 2011. Retrieved 10 March 2016.
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